Connect with us

Islamic Jihad News

Biden vows to accelerate enforcement of sanctions on Iran’s petroleum and petrochemical sales

Published

on

It looks as if the incompetent Biden administration is finally showing some sign of possibly taking action (beyond sanctioning Iran’s morality police, which was an utterly meaningless gesture) following the violent beating death of 22-year-old Mahsa Amini after her arrest in Tehran for improperly wearing her hijab according to regime rules.

It seems to have taken the pressure from an active news cycle for Biden to move toward some form of action, albeit an ambiguous one. Bloomberg reported that Biden “readies new sanctions targeting Iran’s oil exports,” which specifically targets a “network of companies” as “part of a broader plan to ramp up Iran sanctions.”

Trump showed leadership in sanctioning the now nuclear-threshold Islamic regime, as well as recognizing the disastrous nuclear deal for what it was. The Biden administration has shown anything but leadership.

“Biden administration imposes new sanctions on those involved in evading Iran sanctions,” by Jennifer Hansler, CNN, September 29, 2022:

The Biden administration imposed sanctions Thursday on multiple entities involved in evading sanctions on Iranian oil and petrochemicals, US Secretary of State Antony Blinken announced in a statement.

The new sanctions come as efforts to restore the Iran nuclear deal have once again stalled, and as the United States remains “concerned about a wide range of Iranian policies, from their nuclear program, to abuses perpetrated against their own people, to supporting Russia’s war of aggression against Ukraine with drones and military training, and destabilizing activities across the region,” as the Treasury Department said in a separate statement.

“As Iran continues to accelerate its nuclear program in violation of the JCPOA, we will continue to accelerate our enforcement of sanctions on Iran’s petroleum and petrochemical sales under authorities that would be removed under the JCPOA,” Blinken said, using the acronym for the formal name of the nuclear deal: the Joint Comprehensive Plan of Action.

“These enforcement actions will continue on a regular basis, with an aim to severely restrict Iran’s oil and petrochemical exports,” he said. “Anyone involved in facilitating these illegal sales and transactions should cease and desist immediately if they wish to avoid U.S. sanctions.”

Thursday’s State Department sanctions hit China-based “Zhonggu Storage and Transportation Co. Ltd., which operates a commercial crude oil storage facility for Iranian petroleum that provides a vital conduit for the Iranian petroleum trade, as well as WS Shipping Co. Ltd., the ship manager for a vessel that has transported Iranian petroleum products,” Blinken said.

The Treasury Department also targeted other entities based in Hong Kong, Iran, India, and the United Arab Emirates.

The department noted that the sanctions “are reversible in the event of Iran’s return to JCPOA compliance.”…

GET IT NOW

News9 mins ago

BREAKING: Central Bank Extends Suspension Of Processing Fees On Large Cash Deposits To September 2024

News35 mins ago

BREAKING: Amid Offensive Rafah’s Attack, Biden Vows To Stop Supplying Weapons To Israel On One Condition

News47 mins ago

BREAKING: It’s Real Madrid Vs Dortmund 2024 Champions League Final

Entertainment1 hour ago

UCL: Joselu stuns Bayern with late double to book final spot for Real Madrid

Entertainment1 hour ago

Amid news of divorce with husband Yul, May Edochie storms street to dance excitedly

Entertainment1 hour ago

Man expresses mixed reactions as he shares food items wife bought with N25k

News2 hours ago

#TinubuMustGo Trends On Twitter As Nigerians Table Six Demands

News2 hours ago

Wizkid’s outburst due to pain of losing his mum – Yul Edochie

Entertainment3 hours ago

Man shares his findings after visiting Junior Pope’s house in village ahead of burial

Entertainment3 hours ago

UNN student wakes up at midnight to see strange man in boxers lying down beside her

Tv Series3 hours ago

Watch Series: Blood Free Season 1 Episode 10 (Korean Drama)

News3 hours ago

BREAKING: Real Madrid Did it Again As Late Joselu’ Historical Brace Sends Ancelotti’s Men To Champions League Final

Tv Series4 hours ago

Watch Series: WWE Raw 6th May (2024)

Tv Series4 hours ago

Watch Series: Frankly Speaking Season 1 Episode 3 (Korean Drama)

News4 hours ago

BREAKING: Weeks After Military Detention, Segun Olatunji Resigns As First News Editor After Publisher’s Apology To Gbajabiamila

Trending